October HISTORY OF THE nn of deceased) ings J. M. & M. 8. eed OWNING COMPANY on January 29, M. & - This corporation was organized the State by Messrs. order to provide a reason for taking this the families of brothers, intact. in Another financially the Utah members of J. means parcels prop into the corporation for available book records of business prior 1914, adequate books have assets and turned there are no of years the date. 1, An 1914 to inventory and these was taken of inventories sha. the real were a) all were of in of tions y S. u Browning (now keeping their hold- was to bind to- order to preserve action At eighty M. 1906 date of incorporation of stock in three corpora- its capital stock and, transactions for considered pt any since that on January liabilities to while represent a fair valueof the respective items as of March 1, 1913. The in real etc., corporation estate, and income date $100,000.00, of and from these considerably been treated on date receivable, sources engaged income constitutes 1,000 shares of of the property excess of into paid-in the books PERSONAL this surplus. were opened HOLDING corporation par entire revenues. capital stock into amount dealings royalties, value turned total of the $100.00 and such excess this paid-in amount of in 1914 $5,770,109. 88. both was STATUS OF COMPANY J. the income gross M. of each, corporation The COMPANY ROWNING meets a in from its authorized as The company entire values in holding the divided were a accounts incorporation The the notes is & M. has surplus 8. requirement